Welcome to Light Farms, one of Celina's most sought-after
master-planned communities! Striking curb appeal begins with a
full-brick exterior accented by extensive sawcut Austin stone,
intricate masonry patterns, decorative corbels, coach lights, a
covered porch & impressive 8' knotty alder front door. Inside, rich
wood flooring flows through the foyer, office, living, mudroom,
dining & kitchen, with oversized tile in wet areas & carpet
reserved for the bedrooms. Gather around the gas-log fireplace in
the spacious living area or the oversized kitchen island surrounded
by granite countertops, custom white hardwood cabinetry,
herringbone subway tile backsplash, built-in stainless appliances &
gas cooktop. A private study with double doors makes working from
home easy. The spacious primary retreat is separated from the
secondary bedrooms & features an ensuite bath with dual granite
vanity, garden tub, oversized glass-enclosed shower & an
exceptional professionally designed custom closet. Three secondary
bedrooms, two with walk-in closets, & 3 full baths provide
outstanding flexibility. Out back, enjoy a large covered patio plus
custom pergola overlooking the greenbelt & landlocked open space-an
ideal backdrop for unforgettable Texas sunsets. Light Farms offers
a true resort-style lifestyle with multiple pools, tennis &
pickleball courts, miles of trails, parks, playgrounds, greenbelts,
lakes, fitness & recreation opportunities, community events &
gathering spaces. Enjoy the charm of Celina with its historic
downtown, local restaurants & community events, while nearby
Prosper & the Dallas North Tollway corridor provide abundant
shopping, dining & employment access. Add highly regarded Prosper
ISD schools & this Energy Star home delivers the space, setting &
lifestyle today's buyers are searching for. Home comes with 1 yr
Home Shield Silver Plan warranty!
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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